(1918 Spanish Flu Epidemic)
Will Sweden’s coronavirus gamble pay off?
26 Apr 2020 Leave a comment
in health economics Tags: economics of pandemics, Sweden
Paul W. McCracken, former member and later chairman of the Council of Economic Advisers
26 Apr 2020 Leave a comment
in economics of bureaucracy, economics of education
An open letter to Jacinda Adern re: COVID-19
26 Apr 2020 2 Comments
This excellent article was contributed by New Zealand journalist Peter Drew who is clearly concerned & wants the word out. Please do share it far & wide. EWR
NOTE: the article has had over 10K views since posting … & 2.5K FB shares. It’s pleasing to see that many Kiwis are awake to what is going down.
By Peter Drew
Jacinda Adern
Prime Minister – New Zealand
Dear Jacinda,
I write this letter as a patriotic Kiwi with best intentions for my country and for the future health and welfare of my fellow Kiwis. You have a very difficult job at this moment in time. There can be no doubt about that.
There is a famous saying. “The first casualty of war is the truth”. Well, from what we are seeing around the world, the first casualty of a pandemic is not only the truth, but also rational thinking. That…
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Nozick’s Tale of the Slave
26 Apr 2020 Leave a comment
It’s time for libertarian wonkery! My friend Jeremy posted a link to libertarian philosopher Robert Nozick’s Tale of the Slave on Facebook and I guess most of his Facebook friends are not libertarians as it stirred up a bunch of controversy.
If you haven’t read it I’d recommend doing so. It’s only about a two minute read. But nonetheless I will summarize it here.
Nozick starts by describing a typical case of slavery and then in subsequent steps modifies the terms of the slavery to be slightly less bad than the previous step. After a handful of modifications he ends up at representative democracy and asks “At which step did this become no longer a tale of a slave?”.
The intuitive response you’re supposed to have is that it never really stopped being a tale of a slave. The only difference is a matter of degree. This is reminiscent of…
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#COVID19 #OTD
26 Apr 2020 Leave a comment
in applied welfare economics, economic growth, health economics, macroeconomics, politics - Australia, politics - New Zealand Tags: economics of pandemics, pessimism bias
THE GREAT INFLUENZA: THE EPIC STORY OF THE DEADLIEST PLAGUE IN HISTORY by John Barry
26 Apr 2020 Leave a comment
As I sit at my desk and examine the latest Covid-19 statistics and fantasize about what might have occurred had the Trump administration carried out its constitutional duties to care for American citizens instead of fomenting a civil war against democratic governors and denying their role in the current pandemic I am appalled and overwhelmed. At this moment there are 927,000 cases of people testing positive for the virus in the United States out of 2,790,000 worldwide. The death rate is 52,400 in the U.S. out of 196,000 worldwide, and each day we add thousands to the total. Words like mitigation, social distancing, ventilators, and numerous others have entered our everyday vocabulary. The questions that pervade the news are when we will “open up” the country? what happens if we do it too fast? and what will happen if each state goes its own way? Writer…
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PRC Forum: Gary Becker
26 Apr 2020 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic history, Gary Becker
Can the Free Market End Global Poverty? Joseph Stiglitz vs. William Easterly
26 Apr 2020 Leave a comment
in Bill Easterly, comparative institutional analysis, constitutional political economy, development economics, economic history, economics of bureaucracy, economics of education, economics of regulation, growth disasters, growth miracles, history of economic thought, income redistribution, industrial organisation, labour economics, law and economics, P.T. Bauer, privatisation, property rights, Public Choice, public economics, rentseeking, survivor principle Tags: The Great Enrichment, The Great Escape
#climateemergency #globalwarming @GreenpeaceAP @Greens @NZGreens @jamespeshaw @AOC @BernieSanders @SenWarren @oxfamnz
26 Apr 2020 Leave a comment
in energy economics, environmental economics, global warming, Marxist economics, politics - Australia, Public Choice Tags: climate alarmists, pessimism bias
Richard Epstein on Cruises, First-Class Travel, and Inequality 6/27/2016
26 Apr 2020 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economics of information, industrial organisation, law and economics, Richard Epstein, survivor principle, theory of the firm
The Return of The Romulans In Star Trek The Next Generation
26 Apr 2020 Leave a comment
in television
Another Last Stand at Thermopylae – The Battle of Greece – WW2 – 087 – April 25, 1941
26 Apr 2020 Leave a comment
in defence economics, war and peace Tags: World War II
Dr. Ioannidis on Why We Don’t Have Reliable Data Surrounding COVID-19
26 Apr 2020 Leave a comment
in econometerics, economics of bureaucracy, economics of information, health economics, politics - Australia, politics - New Zealand, politics - USA, Public Choice Tags: action bias, economics of pandemics, pessimism bias, The fatal conceit
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